Found $900 on an old Bitfinex account few weeks ago and figured I'd try 1000x this altszn for the lols.

After replying to @RookieXBT's thread, thought it might be beneficial for newcomers to see the strategy behind flipping trash for big gains.

Will use this thread for updates. https://twitter.com/RookieXBT/status/1281323693663297536

The benefit of having a tiny account means that you can market into illiquid shit and not move the books. So the strategy here is to hit one or two solid microcaps first for decent gains, then begin to diversify and look for projects with larger seed raises as the account grows.

First trade was last month on $NECUSD after they launched their dex platform beta. The UI is killer and defi was just starting to take off. All-in'd this one as the chart looked solid too. Might re-enter closer to 0.13.

Entry: 0.1195
Exit: 0.1932 (+61.6%)
Capital: ~$1,465 USD

Second trade, I picked up some $MTA off @UniswapProtocol prior to the FTX listing. This was my first intro to Uniswap and was pretty impressed at the ease. Lost $500 on the perp though because I forgot to set a stop lmao.

Entry: 405 @ 3.63
Exit: ~5.50 (+51%)
Capital: ~$1,700 USD

Third, was fkn around with $YFII. Ended up losing money on the trade and heaps of the contract fees but was a valuable experience to have learnt a bit about the DeFI staking ecosystem (vCRV, DAI, etc).

Entry: 0.25 @ 900
Exit: 725 (-20%)
Capital: ~$1,550 USD

Fourth, I bottom-of-the-barrel degen'd some $XAMP yesterday, and been slowly taking profits.

Entry: 350k @ 0.0044
Exit: 120k @ 0.0085 (+93%)
Capital: $1,020 USD, 230k $XAMP (~$1,400 USD @ 0.0061)

Fifth, rolled some $XAMP profits into $TRND yesterday. Liked how active the etherscan address was (0xc3dD23A0a854b4f9aE80670f528094E9Eb607CCb). Product launch early this month apparently and it's already listed on CMC.

Entry: 104 @ 5.05
Capital: $450 USD, 230k $XAMP, 104 $TRND

Sixth, rolled $XAMP profits into $DGN ( http://degenerateplatform.com ) cause I like their roadmap and volume in last 1hr > cap raise, and $TEND on anticipation of the @Poloniex listing this weekend.

Capital: $450 USD, 85k $XAMP, 104 $TRND, 735 $TEND, 1980 $DGN. https://twitter.com/Poloniex/status/1289386815011651586

Memes make dreams, boys. Already up +20%, LFGGGGG https://twitter.com/cubantobacco/status/1289400316463427584

Up 120% on $TRND, so rolled half back into $XAMP here.

Rolled $TEND (+40%), $TRND (+150%), and $DGN (-80%) into $DIA. Didn't participate in initial bonding auction because I didn't understand it so happy to buy +50% premium now price has matured a bit.

Holdings:

195k $XAMP ($1,365), 1160 $DIA ($1,105), and $400USD.

~$2,920 (+225%)